New Bloomfield, MO is a small city located in Callaway County with a population of 1,800 people. It's a great place to live for those looking for an affordable lifestyle with access to local amenities. Rent prices are much lower than the national average – 2 bedroom apartments can be found for $920 compared to the US average of $1,430. Grocery cost index is also lower than the national average at 98 versus 100 in the US. Local companies include Reliable Fire Protection Company, Calloway County Public Schools and Grater Construction Inc., all of which provide valuable services to residents. The cost of living in New Bloomfield is relatively low and offers residents many opportunities for affordable housing, goods and services making it an ideal place to live for those looking to save money.
New Bloomfield has an unemployment rate of 3.5%. The US average is 6.0%.
New Bloomfield has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 25.5%, which is lower than the US average of 33.5%.
Tax Rates for New Bloomfield
- The Sales Tax Rate for New Bloomfield is 5.7%. The US average is 7.3%.
- The Income Tax Rate for New Bloomfield is 5.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for New Bloomfield
- The average income of a New Bloomfield resident is $19,218 a year. The US average is $28,555 a year.
- The Median household income of a New Bloomfield resident is $62,955 a year. The US average is $69,021 a year.